Nordson Corp

NDSN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$841.00	Ztbq	Lkrcsfq

Nordson: Upgrading Moat Rating to Wide and Raising Fair Value Estimate

Krzysztof Smalec

Aug 30, 2024

After taking a fresh look at Nordson, we are upgrading our moat rating to wide from narrow, based on switching costs and intangible assets. The moat upgrade boosts our fair value estimate to $257 from $235.

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